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Honda reportedly plans electric car for '15

Honda could be joining the growing ranks of electric-car makers and reportedly plans to sell one in the United States sometime around 2015. Reports in the Nikkei Business Daily in Japan say that the car would arrive then as part of Honda's plans to meet stricter mileage standards set to take effect for the 2016 model year. The car would be Honda's answer to the Nissan Leaf and the Chevrolet Volt, which have announced eye-popping mpg figures and are due next year.

Saab gets small payment from Youngman after yesterday’s ‘misunderstanding’

Saab gets a small payment from Youngman What on earth are we going to do once the Saab Saga is resolved? The machinations and misunderstandings surrounding Victor Muller’s increasingly desperate quest to keep Saab alive has probably provided more stories than almost anything else this year. Yesterday’s Saab episode surrounded Pangda Chairman Pang Qinghua stating that the Saab deal was no longer valid since Saab went in to court protection in Sweden, raising the prospect of one of Saab’s creditors pushing the bankruptcy button rather swiftly.

German courts rule on status of rare Mercedes-Benz 500K roadster

The saga of a rare 1935 Mercedes-Benz 500K roadster has taken yet another intriguing turn. German courts have ruled that the vehicle is the rightful property of German industrialist Hans Prym's grandchildren because it was illegally seized from Prym in 1945. Frans van Haren can't be too happy with the ruling.